The universe of stocks trading at a 12-month forward price-to-earnings (P/E) multiple of 50x or more has swelled by 2.5x to 104, indicating the growing froth in the market. Illustration: Dominic......
'Sectors like e-commerce, small finance, housing finance, and healthcare are in great favour, and people are paying a PEG ratio of up to 5, which is dangerous.''Wealth destruction is inevitable.'......
Markets finished the session with sharp losses amid selling pressure in late trades after tension gripped Paris in the wake of fresh gun firing. Meanwhile, weakness in European shares amid......